News 

The Weeknd pays $21 million for penthouse in one of L.A.’s biggest deals on record

“Select designer-curated furnishings were negotiated separately, according to real estate sources familiar with the deal” writes Los Angeles Times for seattletimes.com. The sale ties real estate developer Richard Lewis’ June purchase of another Beverly West penthouse for the most expensive condo sale in L.A. County this year, records show. Source: seattletimes.com

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Beverly Hills Cop Sequel With Eddie Murphy Moves to Netflix Amid Licensing Deal With Paramount

“Deadline reports Paramount has made a one-time licensing deal with Netflix to distribute the fourth instalment of the Beverly Hills Cop franchise, with the option for one additional sequel after that” reports ign.com. Disney’s foray into online streaming launched to great fanfare (and a few technical issues) on November 12. Source: ign.com

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Wells Fargo’s head of cards and retail services has taken a job at Equifax. The bank told us who’s filling in, but said it hasn’t named a permanent replacement yet.

“Wells Fargo’s head of cards and retail services left the bank and taken a job at Equifax, and the bank has not yet named a permanent replacement” writes Shannen Balogh for businessinsider.com. Wells Fargo had tapped Anderson to run cards and retail services in August 2017.That falls under the broader cards and retail services she was running more recently. Source: businessinsider.com

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$135 million Beverly Hills estate featured in ‘The Godfather’ and ‘The Bodyguard’—take a look inside

“This massive 50,000-square-foot estate in Beverly Hills has a glamorous Hollywood past: It’s the former home of William Randolph Hearst, and Jacqueline and John F. Kennedy spent their honeymoon there” writes Jessi Joseph for cnbc.com. The lavish estate has also lured Hollywood producers — it was featured in 1972’s “The Godfather,” and 1992’s “The Bodyguard” with Whitney Houston and Kevin Costner. Source: cnbc.com

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PSA: Anastasia Beverly Hills is releasing an eyeshadow palette vault

“Black Friday aka 23rd November, is when the vault of dreams will officially be released, exclusive through the Anastasia Beverly Hills website” writes Laura Capon for cosmopolitan.com. Tis the season to be jolly because Anastasia Beverly Hills has just announced they are launching an exclusive eyeshadow vault containing four of their best selling palettes.Not only is this vault a thing of beauty, but it’s also a real money saver. Source: cosmopolitan.com

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Markets News 

See Inside: Cher’s Original Beverly Hills Mansion On the Market for $68 Million

“Now, the first serious home she created after her divorce from Sonny Bono, which she designed and built in Beverly Hills on four acres in 1980, is on the market with the newly listed price of $68 million: $17 million below its original ask, according to TopTenRealEstateDeals.com” writes Paulette Cohn for parade.com. Since then the size of the estate has grown with additional parcels of land being added, making it into the hidden-from-view, five parcel, 14-acre premier equestrian estate that it is today — the last compound of its size…

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